If you're self employed, the IRS expects you to make estimated tax payments throughout the year. Tax Attorney Tina Azarvand answers your questions on tax payments and offers advice on how to make it easier.
Curious about 2024's new tax brackets and what they might mean for you? Ulta Beauty's Anna Manukyan has the scoop.
On Friday, February 12, 2021, the IRS will begin accepting and processing 2020 tax year returns. Get a jump on things with these tips for making the process easier and more efficient.
Beauty experts took a deep dive into compliance for owners. The event was sold-out.
Front-load your year with those required business and licensing tasks.
Annual Tax Mess Organizer For Nail Techs, Manicurists & Salon Owners is a book designed for self-employed individuals who have difficulty keeping track of their expenses during the business year.
Larry Kopsa, a partner at York, Neb.-based Kopsa Otte, offers these handy tips to make sure you stay on the IRS’s good side.
It’s officially spring, so not only should you be cleaning out your salon, but you should be embracing organization and change for the better. Our favorite organizational guru, Sara Barba of XOXOrganizing, shares her tips for getting your business in order for spring and beyond.
Tax-time makes Maggie rethink her earlier decision to hire an employee.
It is a true, life-changing story that can easily happen to anyone who is not classifying salon personnel correctly in the eyes of the government. You probably think you know the rules about employment classifications, but you’re probably wrong.
It’s almost time to pay the taxman. If you haven’t filed your returns, don’t fret. These tips can help ease the pain.
“I love numbers. Call me crazy, but they’re fun,” says Marie Soto, owner of At Your Hands & Feet inside Antwon’s Salon in Glendale, Ariz. Good thing she’s fond of figures because she’s also the owner of Soto Tax and Accounting.
I visit Capitol Hill with the Professional Beauty Association to talk about pending legislation that could save salon owners thousands of dollars. Part of a PBA Lobby Day team, I met with Congress members to help the beauty industry’s voice be heard.
Believe it or not, some techs graduate from nail school and immediately open up their own salon. Most, however, wait to get some experience first. If you’re not ready for salon ownership, you can get to work as either an employee or a booth renter. Read on to learn the differences between these types of techs.
For booth renters and salon owners, keeping track of income and expenses is not the most exciting task, but it’s a necessary one. Keeping your business records in order will not only keep Uncle Sam smiling, it will enable you to understand your financial footing.
The Professional Beauty Association (PBA) is lobbying to get this tax credit for salon owners passed. To find out more, visit http://www.beautyisourbusiness.org/
As the April filing date nears, it’s time to double-check deductions and start planning for next year. Whether you are a one-station booth renter or a salon with multiple locations, you will want to make the most of every advantage the tax laws allow.